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Author Topic: Don't panic  (Read 12221 times)
luca prieto
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August 26, 2021, 05:26:09 AM
 #281

if you want to be calm down,you should hold some coins/NFT which is nearly zero cost like me.
LIGHT-EMIT Project
this project is nearly zero cost.you don't need to spend too much money for it.it's safe for us.
you can create NFT in this platform.
and you can mine LIGHT (token) with NFT.
at first,i got 1 light per day,after 3 month,i got 170 light per day.
last week,one light is $0.087,now one light is $0.094.i think it has huge potential.
you can check their website and white paper.
Website:https://emit.technology/
white paper:https://doi.org/10.31219/osf.io/bymuk
telegram link:https://t.me/emit_protocol
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August 26, 2021, 06:06:58 AM
 #282

Panic is a big mistake for anyone who jumps into a world of crypto work, if you jump into the world of buying and selling crypto money if it's hard to control your emotions, don't try to jump into that world, because it will be very fatal and you will receive a very large loss later, especially in the trading market, so if you want to make a profit in crypto currency you better focus on that in choosing the right crypto currency and potentially valuable value later
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August 26, 2021, 08:47:27 AM
 #283

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Indeed! In trading, the most important is do not panic.In every situation do a good decision and think it carefully. Learn how the chart goes and learn from your previous mistakes.

Do not panic if the price is too low because it will absolutely go back to its price and much higher.

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August 26, 2021, 10:07:37 AM
 #284

I don't blame them for being panic, if bear takes over the market while you are still holding some altcoins you will be forced to hold for years again like 2017 or take your loss and leave, this is why I warned so many against buying at high price, this isn't a time to buy but a time to take profits but many don't see things this way
So bad when the pump started earlier a lot of people weren't ready to buy yet some where afraid prices would dump and they end up buying at the top thinking the trend will continue. Another thing I think should be taking into consideration is the new around the crypto industry, after investing they should try as much as possible to pay attention to crypto updates because sometimes the news affects the movement of the market.

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August 29, 2021, 09:25:06 AM
Last edit: August 29, 2021, 09:41:23 AM by lepbagong
 #285

I don't blame them for being panic, if bear takes over the market while you are still holding some altcoins you will be forced to hold for years again like 2017 or take your loss and leave, this is why I warned so many against buying at high price, this isn't a time to buy but a time to take profits but many don't see things this way
everyone clearly has a different character and panic, of course, is normal, everyone will definitely experience it, but in crypto it must be avoided and requires patience. but now I see that the events of the end of 2017 will also happen at the end of this year where ATH is formed.

buying at a high price is definitely not the best way because it's obviously difficult to get better, but I see that applies to altcoins only, but if you buy bitcoin anytime you will not lose because every time the price will increase from when we bought it.

all can be ascertained when every 4 years or also called halving, but it does take a long time to be able to return profits. so it doesn't hurt what our mate think, it can also be done to cut time so that we can quickly return the capital and can get a profit.


So bad when the pump started earlier a lot of people weren't ready to buy yet some where afraid prices would dump and they end up buying at the top thinking the trend will continue. Another thing I think should be taking into consideration is the new around the crypto industry, after investing they should try as much as possible to pay attention to crypto updates because sometimes the news affects the movement of the market.
if the matter of falling prices is a common thing, but if we do not panic and are patient and want to analyze well then we are able to control not to make mistakes that actually worsen the situation.

obviously any news related to crypto issues will affect, good or bad news is very possible, many can not be patient and quickly panic to make steps that actually worsen the market situation.

if we hold bitcoin, of course there is no need to be afraid of a decline because one day bitcoin will increase again and create renewable ATH, but for altcoins we must be smart to analyze well and see market movements.

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August 29, 2021, 05:57:26 PM
 #286

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.
Crpto has only one rule that is patience , if you have a patience in crpto than you will achive your goal one day,  never be panic ,  safe your money and take good decison ,  before going to buy a coin ,  discuss it  here for beter knowledge
Golftech
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August 29, 2021, 06:39:12 PM
 #287

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Indeed! In trading, the most important is do not panic.In every situation do a good decision and think it carefully. Learn how the chart goes and learn from your previous mistakes.

Do not panic if the price is too low because it will absolutely go back to its price and much higher.
When you experience something a lot, get used to it you will less likely become panic. Emotion is hard to control if you don't know why and where it coming from. Instead of trying to control your emotion, in this case, panic then you should try to embrace it and understand it. It will help you at later.

Embrace and understand there's value on why things happened, once you learn how to manage your emotion

in the long run there are many benefits, investing to something that you are aware makes you more comfortable

and lesser the chance of doing mistake panicking with some events that happened inside the market.
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August 29, 2021, 06:41:47 PM
 #288

Cryptocurrency platform is field of intelligent player. Here Panic is a world that is negative in the platform. Normally Panic buying is a type of behavior marked by a rapid increase in purchase volume, typically causing the price of a good or security to increase. Panic buying may also occur by consumers in an economy who fear that rapid inflation will erode the buying power of their money and so make excessive purchases, driving prices even higher. Everything are harmful if you are buying or selling your assets Panickly.

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August 30, 2021, 04:47:00 AM
 #289

Looks like they're not freaking out, but they would've gotten a little off the top if they sold half of their assets. It's different for people who are prepared to hold back their assets to wait for a high price.

Some people were freaking out because they have huge assets on their portfolio.
The more you have, the more you loss if the price going down, even only a little bit.
To play safe, huge holders often sell their coins to cut their loss. Huge volume on sells make us think that there are some panic selling, but actually that is not panic selling.

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August 30, 2021, 08:15:33 AM
 #290

Here's a great article with tips for crypto investors, I highly recommend checking it out  Roll Eyes https://blockster.com/blockdesk/1382_best-advice-for-crypto-investors-don-t-rely-on-the-ignorance-of-others
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August 30, 2021, 03:15:09 PM
 #291

Those who are lost and panicked because he is only too focused on profit or too lust, but do not learn about market price movements, it takes good analysis to be able to take the right opportunity, do the right research and follow the information well, then if that is the case right, then take action.

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August 30, 2021, 11:32:07 PM
 #292

Those who are lost and panicked because he is only too focused on profit or too lust, but do not learn about market price movements, it takes good analysis to be able to take the right opportunity, do the right research and follow the information well, then if that is the case right, then take action.
Panicking isn't the best choice when you're dealing with the market.

It will make you lose a lot if you're not too keen with your trading and investing positions. The matter of it is important to be calm at all times whether the market has been too bad.

And you only see downsides of the charts.

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September 03, 2021, 08:19:38 AM
 #293

Crpto has only one rule that is patience , if you have a patience in crpto than you will achive your goal one day,  never be panic ,  safe your money and take good decison ,  before going to buy a coin ,  discuss it  here for beter knowledge
not really. although patience is the key, but in crypto world, just being patient is not enough. Another thing you need to do is choose the right token or coin. quite a lot of people are patient when they have bought a coin. but the coins they buy are junk coins whose prices keep dropping, and have no adoption rate.

however, if you choose a top coin like the top 10 coins in CMC, all you need to do is be patient for it. however, the only thing you need to analyze is time, because the timing of buying will affect how long your patience lasts.

Hold or patience is not the first step to do when investing, of course, you need to choose the most potential coin to hold and that would only be possible if you do some research and ensure that you also learn how to diversify the risk. There are a lot of opportunities to gain big profit when investing, but the risk is high as well, but you can always minimize the risk if you have enough knowledge, you don't just go all in like gambling, do the calculated risk.

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September 03, 2021, 10:17:01 AM
 #294

Yeah it's better for everyone to DYOR and while doing, pay close attention and mind to it so you don't miss out the important and key points that would come back to hunt you down after investing. Research is tend to be the key to everything, understand that basic and you'll do just fine in your investment.

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September 03, 2021, 10:33:11 AM
 #295

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.
Indeed these people are called weakhands because every time they saw that the market falls down they tend to do panic selling even if they lose on it because they thought that their money will goes to zero value but I suggest that every time you see that the market goes down don't panic sell but instead stay compose and be calm and wait for the perfect timing to sell and get a good amount of profit.

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September 05, 2021, 02:30:37 AM
 #296

Usually when a person panic buys or sells he thinks that the market seems to be out of his range or if he sell or buy something at that time he will be able to get a big amount profit. But this is the biggest mistake in the crypto market. Because if the market rises today, it will fall tomorrow, but this knowledge does not appear for a while when the investor be panic. So once you get rid of it, you have to do nothing but control yourself.

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September 05, 2021, 03:26:31 AM
 #297

It's all FOMO. Many people think they can earn ''that'' amount of money in a short time. slow and sure investment is a must, It takes time to research the project you are on so you
won't waste your time and money. slow but with compounding is the way.

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September 05, 2021, 04:03:42 AM
 #298

Actually, those who lose money in crypto are not because of panic alone but because of a lack of analysis in choosing the coins they want to invest in, so that after being invested suddenly the market price changes down so they lose a lot of money in the wrong investment, and it is true that there are also many losses for investors. because of the lack of waiting for the crypto market movement so he doesn't realize that he has made a sudden buy or sell so that after the market changes, goes up or down then there is regret for lack of patience

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September 05, 2021, 04:07:58 AM
 #299

In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market.

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September 05, 2021, 04:13:00 AM
 #300

In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market.
buying at a low price but still feeling panicky when you see the market moving dynamically will also result in a bad investment.
Although panic is commonplace, as much as possible you are quick to overcome it. because if not then there will be no progress that you can get. both from skill also related to your finances.



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